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The Latest Breaking News from China

Taiwan to up defense spending and develop Iron Dome-inspired missile protection — expert warns one well-placed Chinese missile could make it 'impossible to get a new iPhone for three years'

An expert from the Taiwan NSTC Hsinchu Science Park Bureau estimates that a single missile strike could disrupt iPhone production for three years, with another suggesting that such an event could result in a 6% to 10% contraction of the global GDP.

Tom’s Hardware

Family complains of ‘persecution’ as court rejects appeal by Chinese journalist jailed for spying

The former Guangming Daily editor was arrested in Beijing in February 2022 while lunching with a Japanese diplomat

The Independent UK

Ark Invest's Cathie Wood Bumps Stake in Mag 7 Stocks; Adds Pony AI, Alibaba to Portfolio in Q3

Cathie Wood's Ark Invest increased holdings in US Mag 7 stocks and Chinese AI firms in Q3, despite concerns over an AI bubble and market volatility.

International Business Times UK

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‘I’d do it all again,’ says Dutch minister at heart of car chip standoff with China

Exclusive: Vincent Karremans says six-week row with Beijing that threatened global car production is ‘wake-up call’

The Guardian - UK

As China cracks down on stories about men in love, female fans mourn the idealized romances

Fans of Danmei same-sex romance stories in China say the government is cracking down harder than ever on the popular genre

The Independent UK

Ford CEO Jim Farley Warns Tesla's Glory Days Are Numbered — and China's EV Machine Is to Blame

Ford CEO Jim Farley warns Tesla's dominance is under threat as China's fast-growing EV industry gains global power and reshapes competition.

International Business Times UK

‘Good neighbours are essential’: the history behind the landmark Indonesia-Australia defence treaty

Prime Minister Anthony Albanese was expansive in his sentiments about the “watershed” bilateral security treaty announced with Indonesia this week:

The Conversation

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Cathie Wood Dumps $30 Million Worth Of Tesla Stock Amid China Sales Slump, Loads Up Circle And This Hot Chinese AI Stock

On Wednesday, Cathie Wood-led Ark Invest executed significant trades involving Circle Internet Group Inc. (NYSE:CRCL), Alibaba Group Holding Ltd. (NYSE:BABA), and Tesla Inc. (NASDAQ:TSLA). These trades reflect Ark’s strategic positioning in the market, with notable buys in Circle and Alibaba, and a sell-off in Tesla.

Benzinga

Alleged gambling kingpin linked to scam centres extradited from Thailand to China

She Zhijiang’s empire includes gambling complex Shwe Kokko that US has tied to regional scam and trafficking networks

The Guardian - AU

Rare Earth Stocks: The Truce That Isn't a Truce

China's targeted export plan against the U.S. military elevates domestic rare earth producers from a strategic asset to a national security imperative.

MarketBeat

Chinese scientist pleads guilty in US smuggling case and will be quickly deported

A Chinese scientist charged in Michigan with smuggling biological materials has pleaded guilty

The Independent UK

Tesla’s China Sales Just Hit a 3-Year Low. Should You Ditch TSLA Stock Now?

Tesla’s vehicle sales in China hit a three-year low in October. What should you do with its stock now?

Barchart

Exclusive: Bipartisan panel calls for more government intervention to support tech sector

Without government intervention, the group says the nation risks potential exploitation by China and other adversaries.

Axios

Kash Patel interrupts White House briefing to explain his secret flight to China

The FBI director scurried out of the White House briefing room before reporters could ask him why the president spent ‘hours’ at Jeffrey Epstein’s house with Virginia Giuffre

The Independent UK

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Benzinga

Zendaya, Federer, And LightSpray: What's Fueling On's 20% Surge After Blowout Q3

On Holding AG (NYSE:ONON) sprinted nearly 20% higher today after a blowout third quarter that showed the Swiss sneaker maker isn't just keeping pace with Nike Inc (NYSE:NKE) and Adidas AG (OTCPK:ADDYY) — it's outrunning them.

Benzinga

Applied Materials Q4 Preview: Analyst Says 'Risk Reward Skewed To The Upside' Ahead Of Report

Semiconductor giant Applied Materials (NASDAQ:AMAT) could highlight new AI-related products and how export restrictions to China are impacting the sector when the company reports fourth-quarter financial results Thursday after market close.

International Business Times UK

Shock as Brand-New Chinese Bridge Crumbles Into Gorge Just Months After Opening

China's newly built Hongqi Bridge in Sichuan collapsed into a gorge just months after opening, triggering outrage over construction standards, safety oversight, and the pace of China's infrastructure expansion.

Tom’s Hardware

China officials overseeing allocation of high-end AI chips, prioritizing homegrown options — government's AI chip pivot accelerates as US export restrictions bite

Restrictions on U.S. chip exports are beginning to force visible shifts in China’s AI compute strategy, as a shortage of Nvidia accelerators drives cloud providers toward domestic alternatives.

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InsideEVs

GM To Suppliers: Get Your Supply Chains Out Of China (Report)

GM has reportedly told suppliers to get their supply chains out of China by 2027. It's not the only company adjusting its China plans today.

The Guardian - UK

Beijing court to rule in appeal of jailed Chinese journalist Dong Yuyu

Detention of Dong on espionage charges has been criticised by human rights and press freedom organisations

LiveScience

'Stranded' astronauts aboard Chinese space station are preparing to come home — but no date has been announced

Three astronauts remain stuck on China's Tiangong space station after errant debris struck their return capsule last week. But their return vessel has already arrived, meaning a flight home will come sooner rather than later.

Axios

Google targets China-based scam operators sending Americans' toll fraud texts

This is the first suit of its kind targeting fishing-as-a-service.

Bored Panda

Horrific Video Shows China’s Ambitious Bridge Collapsing Into Dust Just Months After Opening

The bridge was built in an area known for frequent landslides and seismic activity.

Fortune

IEA heralds 'the Age of Electricity' while warning that oil may not be peaking in 2030 after all

The International Energy Agency’s World Energy Outlook still sees a pathway to mitigage "the most severe risks from climate change."

The Guardian - UK

New bridge in south-west China collapses into mountainside

No casualties reported after section of 758-metre structure helping to link Sichuan province to Tibet falls to pieces

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